Carter of Cross Atlantic Capital Partners was an Investor Judge in the 2009 Pitching Across America competition! To read the full list of Investor Judges, Click Here: 2009 Pitching Across America

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Cross Atlantic Capital Partners is a venture capital firm with a distinct perspective. We currently manage four venture funds with over $500 million in total capital under management. Raised in 1999, Cross Atlantic Technology Fund I is a $120 million fund and was followed-on in 2001 by an $88 million fund, Cross Atlantic Technology Fund II. Additionally, we manage $300 million in two co-investment funds for the Pennsylvania Public School Employees' Retirement System (PSERS). The first of these Co-Investment Funds, Co-Investment Fund 2000, is a $150 million fund and was followed on in 2005 by another $150 million fund, Co-Investment Fund II.

Our primary investment focus is in the commercialization of patented or specialty know-how in early to mid-stage technology companies. Our funds' historic and expected returns place us in the top decile / quartile of comparable vintage venture capital funds. We have a strong track record in early to mid-stage technology investing as evidenced by having been the first institutional investor in 5 of the 6 best producing investments. Our Partners bring a deep operational experience to managing the firm, as well as to the portfolio companies we work with. All of the firms' Partners have held C-level positions within the technology industry, and we are engaging and active investors through our involvement on portfolio companies' boards, committees, and in the recruitment of key management.

As a stable and mature management team, no Partner has less than 5 years of experience within the firm, and the Managing Partner has more than 20 years of investment experience in the firm's focus sectors, stage, and geography and has been a principal in 13 IPOs. As a collective group, the management team leads a focused investment thesis by investing in companies holding patentable technologies or specialty know-how, targeting large market opportunities, and possessing quality management teams. We have a strong, proprietary deal flow derived by our network, our co-investor network, repeat entrepreneurs and CEOs, as well as our established relationships with Silicon Valley Bank, the National Venture Capital Association, the Greater Philadelphia Alliance for Capital and Technologies and the New Jersey Technology Council.

From our office in Radnor, Pennsylvania, the firm targets and matures its investments in innovative technology companies in these countries. Given our activity in these countries and our engaged involvement in our portfolio companies, we specialize in allying the interests of our portfolio companies with our extensive Cross Atlantic network on both sides of the Atlantic, such as with potential customers, strategic partners, technology alliances, human capital, and capital markets.

Carter CaldwellPrincipalCross Atlantic Capital Partners

Carter Caldwell is a Principal at Cross Atlantic who is involved in investment due diligence, deal sourcing, as well as other Cross Atlantic operational efforts. Prior to joining Cross Atlantic, Carter founded and served as COO of Quazant Technology, Inc, the developer of the Transaction Accelerator, a high-speed transaction processing database. Prior to Quazant, Carter helped start Acorn Systems, Inc. and was integral in taking that company from pre-revenue to profitability. At Acorn, he served in the capacities of Director of Corporate Development, Product Manager and Engagement Manger. His experience is derived from positions at Acorn Systems, J.P. Morgan, Bear Stearns, and Business Philadelphia Magazine.

While at Acorn Systems, and working with distributors in the Semiconductor, Electronics, Fluid Mechanics, Chemical, Food Service, and Steel industries, Carter succeeded in returning numerous businesses to profitability using a variety of methods, including activity-based costing.

JP Morgan recognized Carter for creating a novel software analysis tool for all equities under their coverage. This tool, which utilized data such as equities' respective median volatilities and average daily volumes, enabled JP Morgan's institutional traders to make more informed trading decisions. Ultimately, this tool was used to alter the mix of equities that JP Morgan held in its Institutional Portfolio.

Opnext, INC. From the latest communications networks to new security systems, and from major advances in medical systems to high-demand consumer electronics, Opnext (NASDAQ:OPXT) laser technologies add the spark of innovation to a world of new applications. The Company's industry expertise, future-focused thinking and commitment to research and development combine in bringing to market solutions that are ready for the next generation of laser-based products. Formed out of Hitachi, Opnext has built on more than 30 years experience of advanced technology to establish its broad portfolio of solutions and solid reputation for excellence in service.

Basin Water Basin Water (Nasdaq: BWTR) conducted its IPO in May 2006 and the company designs, builds and implements systems for the treatment of contaminated groundwater. It developed a proprietary, ion-exchange treatment system that reduces groundwater contaminant levels in what we believe is a more efficient, flexible and cost-effective manner than competing solutions. The company markets its system to utilities, cities, municipalities, special districts, real estate developers and other organizations that supply water, collectively referred to as water providers, for use in treating groundwater sources that do not comply with federal or state regulations due to the presence of chemical contaminants. As of December 31, 2007, Basin Water has 79 systems delivered or in process nationwide with an aggregate installed capacity of approximately 113,000 acre-feet per year or approximately 36.9 billion gallons per year.

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